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Send money from Bermuda to United States
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Bermuda to United States
While you can’t send BMD to USD with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Best way to send money to US from Bermuda: MoneyGram cash transfer
Based on our comparisons and analysis, we found that very few providers currently support BMD to USD transfers online.
Because of this limited coverage, the most reliable option is to send cash through a MoneyGram Agent.
Transfer fees vary depending on your location and the amount you send, but in most cases you can expect to pay around 3 BMD per 250 BMD transferred.
Before sending, check with your local branch or the MoneyGram website to confirm which deposit methods are available for you (it can be online deposit or cash in-store).
How to get the best deal on your Bermuda to United States transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Bermuda to United States.
Choose a provider
Select the provider that offers you the best value & service for your needs
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Get the most from sending money from Bermuda to United States
Compare providers
Comparing providers offering services between Bermuda and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire BMD-USD market and have compared 3 providers offering services between Bermuda and the United States.
This ensures you will get the most comprehensive options for sending Bermudian Dollar to the United States.
Whilst we rate Western Union Agent as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Bermuda to the United States transfer needs.
Beat the Bermudian Dollar-US Dollar exchange rate
Choose the right payment method
Financial regulations across Bermuda and United States
Consider minimum and maximum limits
Receiving money in United States
Be ready with your ID
Tax declarations
The fastest way to to send BMD to US is using PayPal (P2P Transfer)
If you and your recipient both have the PayPal app, the transfer is instant.
However, the withdrawal time from the PayPal account to the bank account or mobile wallet could take some time (from minutes to couple of days depending on the amount and account status).
With the limited BMD/USD transfer options, this is one of the fastest options you have.
Alternatively, you may want to consider sending cash via Western Union or MoneyGram.
The fastest way to send money to Nigeria from Pakistan is to use cash transfer via Western Union Agent
In most cases cash transfers with Western Union are instant, and your recipient will be able to collect USD in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing BMD/USD, cash transfer with Western Union is the fastest way.
Need to send over $10,000?
For transfers over $10,000, your best bet is Western Union Agent.
While Western Union Agent may not always be the cheapest or fastest way to send BMD from Bermuda to United States, it offers the best BMD-USD exchange rate right now (0.9500 US Dollars per 1 BMD sent).
They will also keep your money safe and you relaxed while your money moves into USD.
Understanding the cost of money transfers from Bermuda to United States
The total cost of sending money to United States from Bermuda is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for BMD-USD is 1 USD per Bermudian Dollar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Bermudian Dollars.
Over the last 7 days, the average BMD-USD mid-market rate has seen each Bermudian Dollar worth 1 USD. Within this we see a high of 1, and a low of 1.
Of the 3 companies compared, Western Union Agent offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting BMD to USD.
Fees: When sending money you may have to pay fees. Western Union Agent costs 3 BMD per transfer at the moment, which is the cheapest option of the 3 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Bermuda.
How to find the best exchange rate for Bermudian Dollar to US Dollar
Timing is essential for sending money between BMD and USD. The exchange rate you secure impacts how much USD you get for your BMD.
Let's dive into some interesting recent trends.
Over the past 7 days, the exchange rate from BMD to USD has seen some fluctuation. On average, it stood at 1.
During this period, the highest value recorded was 1, while the lowest was 1.
Western Union Agent, which is our recommended service to send money online from Bermuda to United States offers an exchange rate that is only 5% above the mid-market rate.
Want to secure the best BMD-US Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Bermuda to United States!
Payment methods available to fund your Bermuda to United States transfer
Bank transfers
Bank transfers are often the default option for sending money from Bermuda to United States.
By using a money transfer company such as Western Union Agent for transfers from Bermuda to United States, you can send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
Western Union Agent is the cheapest provider for bank transfers from the 3 we tested when sending BMD to United States.They charge BMD3 on a 250 BMD transfer from Bermuda to United States.
Debit and prepaid cards
Sending money from Bermuda to United States with a debit or a prepaid card is very simple with Western Union Agent.
Western Union Agent is a leader in debit card payments for transfers from Bermuda to United States, competing among a total of 3 active money transfer companies on this route.
Credit cards
You can deposit BMD with a credit card when sending USD to US, but in most cases, this means taking a cash advance, resulting in higher fees.
We suggest using a bank transfer or a debit card deposit for transfers to US
If you really need to send money with a credit card, running our live search comparison is a better way to find the latest deals on USD transfers.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why it is better to use a bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Bermuda.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Bermuda to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BMD to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
